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单词 benchmark crude
释义

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benchmark crude
benchmark crude n. a grade of (usually light) crude oil, the price of which is fixed by agreement between oil producers and used as a guideline for the setting of other oil prices; = marker crude n. at marker n. Compounds 2.
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society > occupation and work > materials > raw material > mineral material > mineral oil > [noun]
petroleum1526
oil of petre1528
petrol1540
oil of saltpetre1685
earth-oil1732
white oil1763
mineral oil1771
coal oil1784
petroleum oil1799
crude oil1865
petroleum spirit1868
petroleum coke1881
crude1904
black gold1910
marker crude1974
benchmark crude1975
1974 Times Herald Rec. (Middletown, N.Y.) 14 Nov. 6/1 The net effect..is an increase in the weighted average cost of the benchmark Arabian light crude to $10.36 a barrel.]
1975 N.Y. Times 4 Feb. 54/2 The government ‘take’ from each barrel is based on $10.12 for Saudi Arabia light, the ‘marker’ or benchmark crude for the OPEC price structure.
1993 Wall Street Jrnl. 4 Nov. c16/3 Several major U.S. refiners increased their..prices..for West Texas Intermediate, the U.S. benchmark crude, by 50 cents a barrel.
2008 T. James Energy Markets iv. 92 Successful benchmark crude must be representative of the crude oil in the market.
extracted from benchmarkn.adj.
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更新时间:2024/12/25 11:09:00